Are you thinking to donate funds for charitable purposes? Indeed, it is a good thing and there are many NGOs ready to take donations for such purposes. There are many city NGOs and you can learn about them if you take a look at relevant websites. However, in this context, it is important to say that not all NGOs are trustworthy. If you want to offer donations to an NGO for charitable purposes then understand that there are different sections under which you can offer donations to an NGO. You can offer donations under sec 35ac or 80g to an NGO.
Professionals Donate to Help-age India under 35ac
Help age India is a popular organization which accepts the donation under section 35ac. This section helps the organization (Help age India) to raise funds for social welfare causes. If you offer donations under section 35ac then understand that collecting receipt is important as it helps you to claim for tax exemptions. Such receipts carry a date and it carries a validity period as well as the number of 35ac. Therefore, if you are a professional or business person then donate funds to help-age India under sec 35ac. You can offer donations under 80g to an NGO. Those who are not professionals or business persons can claim exemption from taxes under 80g.
Ensure that Your Donations are Not Misused
If you are thinking of donating funds to help-age India then understand that only donations for poor and needy old people are allowed. Many other charitable organizations may take donations for relief or charitable purposes and you can claim the deductions under different sections of income tax.
Donating for a good cause like charitable for the poor and elderly is a good thing. You require ensuring that your funds reach proper hands. Observations reveal that there are many NGOs which misuse public money. Check online and you get a list of acclaimed NGOs, each claim to do social work for the poor and the needy. In such circumstances, it is difficult to choose the best one. You need to do research to ensure that your money reaches the right hands.
Visit NGO websites to Know More about Them
Many Non Profit Organizations maintain their own personal websites where they candidly mention their activities. If you are serious enough to make a donation for charitable or relief purpose then visit the website, check the details, inquire about the NGO from others. Many NGOs have reviews or testimonials mentioned on their website. You can go through the reviews or testimonials, feedbacks from other persons prior to making monetary donations.
Nowadays, making donations is grossly simplified. The different NGO websites have payment gateways attached to them so that you can contribute to a social or charitable cause online. In this context, it is important to mention that if the authenticity of the NGO or the non-governmental organization is not verified then it is better to abstain from donating. Always ensure that your hard-earned money is not wasted and that cheats do not get options to feed your resources. It is an advice, try to adhere to it. At the end of the day, this brings peace of mind and that is what we all want.